Kamma secures £1.6m to expand its property legislation compliance platform
The seed follow on round was led by Triple Point with participation from Pi Labs and M7 Structura.
Kamma is a London-based property data and analytics business that provides geospatial technology solutions to help achieve net zero emissions in the property sector.
London based regtech platform Kamma has secured £1.6m in a seed follow on funding round led by Triple Point. The raise also saw participation from existing European investors including Pi Labs and M7 Structura, bringing the company total funding to £2.2m since inception.
The capital will be deployed to advance the development of Kamma global search engine for local legislation while supporting ongoing efforts to streamline property law in the UK. Kamma technology currently serves over 4,000 customers by aggregating divergent regulatory information into systematic datasets.
From the founder
"Our vision is for a world unencumbered by disparate information and our property licensing product is a clear example of how we help businesses stay compliant, save time, save money while raising housing standards at the same time. Through our product we can assess all licensing needs, drawing information from multiple sources and presenting it as usable data on one platform. Our guiding principle is to make renting safer for everyone and with more people working from home, and a correlation between housing overcrowding and the faster spread of COVID-19, property compliance is of huge importance."
Orla Shields
Chief Executive Officer and co-founder at Kamma
Investor perspective
"Kamma is a clear example of how technology can provide real solutions for issues in the real estate industry. Through its innovative platform Kamma has digitised a complex and time-consuming task for agents, lenders, investors, mortgage brokers and local authorities. Our investment will help Kamma further strengthen their position in the market and shine a light on the importance of property compliance,as we look to a more agile work style in the future. We are proud to be supporting Kamma on their journey."
Esha Vatsa
Principal, Pi Labs
Use of funds
- 01Continue product development
